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News Insight & Analysis

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09 October 2023 - Shenhua's coal-based PP and PE Auction Results
09 Oct 2023 Given the weak futures contracts on the Dalian Commodity Exchange, Shenhua decided to slash auction prices right on the first trading day of the week, which allowed the producer to achieve a satisfactory number of transactions
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06 Oct 2023

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Vietnamese homo-PP inches lower in Indonesia on weak demand, currency issues.

Indonesian customers shied away from pursuing new replenishment amid the rapid depreciation of the Rupiah against the US dollar.
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06 Oct 2023

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Indian major cuts local HDPE, LLDPE prices for the second time this week.

In contrast to the firm stance among international suppliers, a key Indian producer reportedly stepped back on local HDPE and LLDPE offers for the second time this week
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05 Oct 2023

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South Korean HDPE film advanced in Vietnam amid thin buying interest.

At least two major South Korean producers have opened new HDPE film offers to Vietnam following the mid-Autumn festival with increases on the back of the general supply tightness
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05 Oct 2023

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Indian producer cuts local PVC offers on weak demand, comfortable supply.

According to market sources, the heavy influx of previously purchased cargoes keeps local supply comfortable while the demand is soft, partly due to the monsoon season and concerns over the gloomy global macroeconomic outlook.
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29 Sep 2023

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Chinese PVC market nosedived on weak demand, stumbled futures contracts.

Although the Chinese government has been working to support the local property market, however, the positive impacts seem ephemeral.
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29 Sep 2023

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Chinese PP, PE market loses steam on disappointing demand, post-holiday outlook uncertain.

Chinese arbitrage traders are usually most active when there is a healthy price gap between spot and futures markets. This segment of buyers has been keeping the uptrend intact for weeks since the government escalated the effort to support the local economy.
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28 Sep 2023

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Saudi Aramco lifted propane prices to Asia amid tight supply.

As reported earlier, Saudi Arabia extended the voluntary oil production cut until the end of the year, which indirectly impacted the outputs of LNG and LPG.
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